Sphera takes over Riskmethods

The Munich-based SaaS start-up is thus moving to the USA. It is not yet known what will happen to the brand and how much the takeover will cost.

The US ESG software company Sphera wants to take over the Munich-based start-up Riskmethods. An agreement to this effect has been reached, as the Germans announced. The purchase price has not yet been disclosed.

Heiko Schwarz founded Riskmethods in 2013 together with Rolf Zimmer. The company offers a SaaS solution that enables companies to analyze the risks in their supply chain more efficiently. According to Riskmethods, it also relies on AI and machine learning. Sphera now wants to integrate this solution into its own offering, which already provides risk management software and programs for analyzing a company's ESG performance.

"Their innovative SCRM approach strengthens Sphera's ability to offer a solution for monitoring and reporting Scope 3 emissions and supports our mission to create a safer, more sustainable and productive world," said Sphera CEO Paul Marushka in light of the acquisition. Riskmethods CEO Schwarz said they are excited to join the Sphera family.